EUR-USD
This currency pair was moving on the H4 chart in the ascending trend channel and the market created higher low around the lower line of the trend channel. Now it seems that the lower trend line has been broken, moreover near an important price level. A drop below the trend channel line thanks to Friday's US dollar strenght has now formed a price at the same price level where the channel was broken. Based on this, there is an opportunity to open a sell position with a target price close to further support.
This currency pair was moving on the H4 chart in the ascending trend channel and the market created higher low around the lower line of the trend channel. Now it seems that the lower trend line has been broken, moreover near an important price level. A drop below the trend channel line thanks to Friday's US dollar strenght has now formed a price at the same price level where the channel was broken. Based on this, there is an opportunity to open a sell position with a target price close to further support.